Thursday, November 10, 2011

He Calls Himself "Fiscally Responsible"? Mitt, You're Kidding!

At Bain Capital, the objective was to squeeze every single drop of juice from the victim acquired company--usually by dumping everyone with actual experience--and then sell the husk for more than it's worth.

So this guy Romney brags about his 'biz smarts.'  Uh-huh.

Mitt Romney said he wants to “eliminate every government program that is not absolutely essential.” That sounds good until you realize that Romney’s goal of cutting $500 billion from projected federal outlays in 2016 would, at best, leave the budget about 8 percent higher than it is now and only 11 percent lower than it would be without any attempt to restrain spending

... He predictably zeroes in on the National Endowment for the Arts, a favorite target of conservatives, but he does not zero it out. Instead, he recommends “deep reductions” in the NEA’s funding, which was $155 million this year, or 0.004 percent of the $3.7 trillion federal budget. Likewise, he wants to cut but not eliminate the National Endowment for the Humanities and the Corporation for Public Broadcasting.
Getting rid of these three programs, which are not “absolutely necessary” by any stretch of the imagination, would save less than $1 billion a year, about 0.02 percent of the total budget. What does it say about Romney’s commitment to fiscal restraint that he can’t even go that far?

What it says is that the Mittster is a squish.

... let’s assume Romney can reach his target while recklessly expanding the Pentagon’s already bloated budget. Where will that get us? “I will put us on a path to a balanced budget,” he said in his speech to Americans for Prosperity last week. Translation: I will never balance the budget.

But he looks SO pretty, ain'a?

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